Thank you, you dumb bastard New Yorker, for being a sucker in buying,
a 250,000 dollar home for a million dollars.
As another Lame Cherry exclusive in matter anti matter.
I came across an interesting article in the Federalist which was predicting the worst housing crash in US history. It is not much of a prediction as when one knows that the cartel wants to end land ownership in America to end that liberty of manifesting personal destiny for Soviet type apartment housing, a crash is how one does it, on farmland or urban lots.
This same programme was initiated in 2008 in the Obama Crash, as housing was not allowed to drop, but was propped up in loan institutions were underwritten, and real estate stayed solvent, and this drove the Obama Super Depression for years longer by design as deflation was not allowed to take place.
I will meet you on the other side, but keep in mind as you read the quote, that this data is about the Plague. These housing stats are dealing with mask refugees in 2020 and vax refugees in 2021. One was driven on hopeful Trumpiness until Jan6 political imprisonment. 2021 was driven by people in the vax gulag fleeing to Republican open states. This is what was driving this inflationary spike. People out of necessity on one California end selling their homes to foreign vermin being funded by your tax system and those same people taking that money and buying 200,000 dollar homes in shit hole South Dakota for 450,000 dollars and thinking they got a Kristi Noem deal.
The average sales price of a home in the fourth quarter of 2021 was $477,900, compared to $403,900 in the fourth quarter of 2020 and $384,600 in the fourth quarter of 2019. That’s a $93,300 increase in just two years, by far the biggest increase ever recorded in just 24 months.
Further, the 12-month home sales price increases for the second, third, and fourth quarters of 2021 were all above 17 percent, the highest hike recorded over a three-quarter period since at least 1963, the earliest date in the Fed’s data made available online.
Put simply, Americans have literally never seen housing prices skyrocket like they are now for this long of a period. And every time they have approached the numbers we are seeing today in the past — in the 1970s, late-1980s, and early to mid-2000s — there was a massive real estate or stock market crash that soon followed (or both).
What is now projecting this is the vax refugees. They purchased homes in all kinds of shit holes that are shit holes, because they are mosquito infested, so cold it will kill you and such a culture shock that Protestant Christians with morals are these refugee's neighbors and the refugee flees these Bible thumper utopias.
So the Lame Cherry has some projections on this.
We now have refugees in shit holes, which like Idaho can not get homes built and as the plague is over, the refugees are looking for easier vistas where there are not all White people or as in Minnesota one is not buried in snow, frozen to death and awaiting to be eaten by bugs in the big thaw.
Real Estate is not contracting as shit holes are still not selling deflated houses, but are attempting to lure in new suckers. On the other scam, the traditional areas of closet despots are seeing influxes of refugees fleeing shit holes for gulag Texas and gulag Florida.
There are millions of vermin being imported, but they can not afford these homes. Even in the Brier I'm seeing Mexican houses which are now looking like rat holes. No one, including Beaners are not moving back in. That is homes off market and not registering. One can stick 50 Mexicans into one house, so housing is not a factor in this vermin situation in keeping the markets buoyant.
I would project that 2022 AD in the year of our Lord will bring a leveling off. New Homes for six months have been contracting about half a million homes per month.
One has to factor in realities, such as vax deaths and long term sickness, will pressure the housing market. There is going to be a horizon point in this of where these factors all converge. Inflation will be the outlier and when gas prices strangle along with food prices the ability to make mortgage payments, and that includes vehicle payments, this is when the cartel will begin acquiring these properties.
The only reason that prices will slump is to assist the cartel in acquiring more property in this herding process.
As the vax refugees settle in again, this will be the driving force of the housing market collapsing, meaning a market constriction of the frenzy of refugees not driving up market prices in markets that can not sustain half a million dollar homes on 15 dollar an hour slave wages.
Nuff Said
agtG
